Shared ownership 1st floor 2 bedroom apartment situated on the outskirts of Gloucester, offering 2 bedrooms, bathroom with shower over bath and lounge/kitchen. Allocated parking and garage. This property is in need of works and will be sold as seen.

Open market value £145,000
25% share = £36,250
Rent of £249.22 pcm
Service Charge £26.85pcm
Insurance £4.68pcm

- You must be registered with www.helptobuysouth.co.uk
- Earning under £80,000
- Need to be in housing need (unable to but on the open market)
- Local connection

Communal Entrance

Stairs to first floor

Entrance Hall (2.10 x 1.7)

Doors leading to 2 bedrooms, lounge/ kitchen, bathroom and storage cupboard

Lounge/kitchen (6.0 x 4.5)

Fitted kitchen with range of wall and base units, stainless steel sink, space for washing machine, fridge freezer and cooker. Window to rear and side elevations, patio doors with Juliette balcony.

Bedroom One (5.3 x 2.8)

Window to side elevation

Bedroom Two (5.3 x 2.8)

Window to rear elevation

Bathroom (2.3 x 1.8)

White bathroom suite with shower over bath, low level WC and wash hand basin.

External

Garage and parking

Eligibility Criteria

To be eligible for Shared Ownership you need to:

- be a first-time buyer, an existing shared ownership homeowner, or a former homeowner who can’t afford to buy now
- be over 18 years old
- have an annual household income of less than £80,000 (£90,000 in London).

If you wish to buy one of these properties we need to assess your eligibility for shared ownership. For this we need to see:

•Proof of ID
•Proof of address
•Mortgage in principle
•Proof of deposit
•Help to buy reference number (if you have one)
•Full details for each buyer

You will also be required to complete an application form and an affordability calculation.

Shared ownership Costs

Open Market Value - £145,000
40% Share - £58,000
Rent - £199.37pcm
Insurance - £4.68pcm

These costs will increase each year with inflation

Two Rivers Housing

TwoCan estate agents are advertising this property on behalf of Two Rivers Housing. Two Rivers Housing are the owners of Twocan and the Centigen brand.

Disclaimer

All measurements are approximate. We have not checked the serviceability of any appliances, fixtures or utilities (i.e. water, electricity, gas) which may be included in the sale. We cannot guarantee building regulations or planning permission has been approved and all prospective purchasers should satisfy themselves on these points prior to entering into a contract. Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.